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Dec 26, 2012
12/12
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we've got short-term with the fiscal cliff and then after the fiscal cliff. give me what your predictions are as we navigate the roller-coaster ride that will happen over the next few days? >> okay. i think we saw the bottom for national prices at about 3.21 on the last day of autumn. we'll wobble a little bit higher in the next two months. we'll probably get a sugar rush at start of the year with a lot of money coming into commodities. we'll get a typical surge we get from february through april. i think it will take us to about 3.75, but not to some of highs we've seen in previous years. the average price this year is 3.61. i think we'll average less than that next year. somewhere between 325 and 3.75 for the average. a little bit of good news. shibani: so the consumer can count on a few extra bucks in their pocket not taken out at the pump. >> the consumer actually i heard one of your guests talking about retail sales, consumer is using 5% last gasoline in the last four weeks than last year. it seems as though the high numbers do take a toll at one point.
we've got short-term with the fiscal cliff and then after the fiscal cliff. give me what your predictions are as we navigate the roller-coaster ride that will happen over the next few days? >> okay. i think we saw the bottom for national prices at about 3.21 on the last day of autumn. we'll wobble a little bit higher in the next two months. we'll probably get a sugar rush at start of the year with a lot of money coming into commodities. we'll get a typical surge we get from february...
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Dec 30, 2012
12/12
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WBAL
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cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority leader myself and the white house, in hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. some people aren't going to like it. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his inter
cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales....
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Dec 30, 2012
12/12
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host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the
host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen,...
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Dec 27, 2012
12/12
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FBC
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next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make guns. they have been under pressure after the shooting in connecticut. now, they are back in action. research in motion, but very tan, waiting on that. there were concerns on how many sales actually occurred. liz: thank you. even if we can get an answer to the debt crisis from washington, d.c., the real damage may be done by the new regulation. first, some of today's winners. take a look. ♪ liz: next up, a solution to the looming debt crisis may do little to save us from an economic disaster. the white house is working on a brand-new set of regulations that could handcuff business growth.
next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make...
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Jan 1, 2013
01/13
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FOXNEWSW
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"special report" is next with updates on the fiscal cliff negotiation from all of us here have. a safe and happy new year. >> bret: this is a fox news alert. i'm bret baier live in washington. here is what we can report four hours from 2013. the country will officially go over the so-called fiscal cliff tonight. congress will miss a midnight deadline. it was deadline politician in the nation's capitol set up to be so unappealing. so unacceptable that both sides would have to budge. both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece of legislation has passed congress on this. at this hour, vice president biden is set to meet with senate democrats. you are looking live just outside of capitol hill there. we are waiting for his arrival. he will be meeting with senate democrats in hopes of ironing out a mini deal. is he actually trying to sell it to several key democratic senators w
"special report" is next with updates on the fiscal cliff negotiation from all of us here have. a safe and happy new year. >> bret: this is a fox news alert. i'm bret baier live in washington. here is what we can report four hours from 2013. the country will officially go over the so-called fiscal cliff tonight. congress will miss a midnight deadline. it was deadline politician in the nation's capitol set up to be so unappealing. so unacceptable that both sides would have to...
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Dec 30, 2012
12/12
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 30, 2012
12/12
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MSNBCW
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there are ways to avoid the fiscal cliff in the next 36 hours. >> what is that mood like? i know you have been talking to them day in and day out. i was asking you on the commercial break what you are doing on capitol hill, what you are doing now. a lot of hurry up and wait. >> there's a lot of frustration. everybody understands this is a very serious issue. 36 hours from now, the fiscal cliff takes effect if there's inaction. there's some optimism. there's reason to be hopeful. i think the senate is going to come up with a plan we'll be able to vote on in the house. if not, the president put forward a plan that is ready to go now. there's no reason we can't get that done. >> the president has a back-up plan, he wants you to put something forward to make sure the tax cuts stay in place for the middle class. it's something you can support. what is your threshold? is it $400,000 or $500,000? if reid and mcconnell come up with a deal, what would you support? >> i would support $250,000. it's probably going to be higher than $250,000 somewhere between 400,000 and 500,000. if t
there are ways to avoid the fiscal cliff in the next 36 hours. >> what is that mood like? i know you have been talking to them day in and day out. i was asking you on the commercial break what you are doing on capitol hill, what you are doing now. a lot of hurry up and wait. >> there's a lot of frustration. everybody understands this is a very serious issue. 36 hours from now, the fiscal cliff takes effect if there's inaction. there's some optimism. there's reason to be hopeful. i...
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Dec 28, 2012
12/12
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CNNW
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cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house has already passed to extend all rates and either take it up in whole or amend it. amending it, and changing that threshold down to closer to what president obama wants. a quarter million as a threshold. that seems more likely. we'll watch this meeting. we don't know what will happen, that's the truth much and we'll watch to see what will come out of it. does it seem like perhaps there is a spirit of compromise? or do they come out very far apart. an indication that it will be read as an indication we may go over t
cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house...
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Dec 31, 2012
12/12
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KPIX
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cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the so-called "fiscal cliff." talks briefly hit a, quote, major setback on sunday over social security benefits according to a democratic source. but both sides agreed to push forward. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight, tax rates for all americans will increase and democrats say it means about $2,000 for t
cliff." the house is set to reconvene this morning at 6:00 pacific time. andrew spencer has more on why the process seems to have stalled. >>> reporter: >> if there is an ultimate compromise, there will be parts of it that i find disgusting and reprehensible which i may have to swallow in the name of finding a compromise. >> reporter: a rare sunday session on capitol hill. >> the senate will come to order. >> reporter: as lawmakers work on avoiding the...
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Dec 30, 2012
12/12
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what lawmakers in washington are doing to try to avoid the fiscal cliff. good evening. i'm ann notarangelo. a san francisco woman traumatized after being robbed on the street. she was not injured. and the thief only got a few dollars. but patrick shows us what he took from her was much more valuable than money. >> i heard him say, then i'm going to kill your dog. >> pekingese, 12 years old. sweetest thing ever. >> reporter: she asked not to be named. this woman was robbed yesterday, not only of money, but her best friend roxy, who she loved most on this earth. >> she was my best friend. >> reporter: she had lost her phone in her car, so she parked to look for it at leavenworth and golden gate when a man approached her. >> he said, give me all your money. >> reporter: he then went through her pockets and found only $5. and roxy started barking. >> he said, i'm going to kill your dog. and he grabbed roxy. all of a sudden i see her fly towards traffic. he threw her towards oncoming traffic. >> reporter: roxy was rushed to er but it was too late. >> she was pretty bad. so i
what lawmakers in washington are doing to try to avoid the fiscal cliff. good evening. i'm ann notarangelo. a san francisco woman traumatized after being robbed on the street. she was not injured. and the thief only got a few dollars. but patrick shows us what he took from her was much more valuable than money. >> i heard him say, then i'm going to kill your dog. >> pekingese, 12 years old. sweetest thing ever. >> reporter: she asked not to be named. this woman was robbed...
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Dec 28, 2012
12/12
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CNBC
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. >> and then next as lawmakers make a last-ditch effort to avoid the fiscal cliff, what's an investor to do right now? should you opt for the relative safety of gold in the new year, for example, or take your chances with, oh, how about stocks? it's gold versus stocks when we come back after this. iency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> as we speak, congressional leaders and president obama are meeting at the white house as they work on last-minute negotiations to try
. >> and then next as lawmakers make a last-ditch effort to avoid the fiscal cliff, what's an investor to do right now? should you opt for the relative safety of gold in the new year, for example, or take your chances with, oh, how about stocks? it's gold versus stocks when we come back after this. iency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and...
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Jan 1, 2013
01/13
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CSPAN
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we want to go back to your calls, i hear your voice is on what is going on with the fiscal cliff. our next call is from esther in harrison, arkansas. democrat. caller: i do not know about this worry and concern. it seems like the congressmen and senators, they just want their way and yet the republicans do not seem to have learned the country spoke when they reelected obama. they are still trying to fight for what they want themselves. i wonder what this country's going to come to in the next election. i am worried about the democrat and republican party. we do not know what the changes would be. another thing is the billions of dollars they are spending overseas trying to fight the war over there. they are financing billions, i believe to understood, it is that expensive. lives are being lost. i know it sounds reasonable to some people. you take people that do not care to die, like a lot of those suicide bombers, you cannot get rid of all of the terrorists. they are a country that is mixed up. i am concerned for the world. poor people do not seem to get a chance. the wealthy need
we want to go back to your calls, i hear your voice is on what is going on with the fiscal cliff. our next call is from esther in harrison, arkansas. democrat. caller: i do not know about this worry and concern. it seems like the congressmen and senators, they just want their way and yet the republicans do not seem to have learned the country spoke when they reelected obama. they are still trying to fight for what they want themselves. i wonder what this country's going to come to in the next...
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Jan 1, 2013
01/13
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WTTG
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. >> reporter: the fiscal cliff deal was down to the wire so why do you think lawmakers baited until the last minute? we've already gotten a lot of feedback on our facebook page about this topic. >> amy says nobody wants to compromise. they forgot what they learned in kindergarten, if you can't say anything nice, don't say anything at all and share with each other. >>> another big story we are following, gay marriage ceremonies are under way in maryland. some same-sex couples rang in the new year by taking their vows. they were able to get marriage licenses in the free state for about three weeks but the new law didn't go into effect until the strike of midnight in the new year. dozens of same-sex weddings are dead you would for today. that includes someone some at city hall in baltimore and a mass wedding event at the back walnut point inn. >>> maryland is allowing parents to freeze their child's credit in an effort to prevent identity theft. in virginia, it will be harder for state and local governments to take property in the name of eminent domain. >>> the new year means a new lo
. >> reporter: the fiscal cliff deal was down to the wire so why do you think lawmakers baited until the last minute? we've already gotten a lot of feedback on our facebook page about this topic. >> amy says nobody wants to compromise. they forgot what they learned in kindergarten, if you can't say anything nice, don't say anything at all and share with each other. >>> another big story we are following, gay marriage ceremonies are under way in maryland. some same-sex...
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Jan 1, 2013
01/13
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FOXNEWSW
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included on the list, fiscal cliff, spoiler alert. i have not said yolo, the acronym meaning you only live once. the ugly: over 200 p
included on the list, fiscal cliff, spoiler alert. i have not said yolo, the acronym meaning you only live once. the ugly: over 200 p
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Dec 30, 2012
12/12
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CSPAN
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eye 101
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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putting more pressure on house republicans to either pass the senate compromise on the fiscal cliff or kick the effort down the road to next congress. >>> it is a day of mourning in the ivory coast. and new year's celebration turned tragic early this morning when thousands tried to leave a fireworks show. more than 60 people were killed in the stampede. hundreds of others were injured. police say that most of the victims were children. a witness told reporters security forces showed up and tlig triggered panic. fireworks show was supposed to celebrate peace in the nation. >>> all flights in and out of syria's largest city are canceled tonight after clashes between the military and rebel forces. rebel leaders threatened to target all aircraft. they believed the syrian government is using commercial craft to bring in weapons. fighting intensified today in damascus suburb. syrian military claims to have killed rebels during an air attack there. today the president of the syrian council called on other countries to help in the rebel cause. >> i hope that the community -- exactly what has b
putting more pressure on house republicans to either pass the senate compromise on the fiscal cliff or kick the effort down the road to next congress. >>> it is a day of mourning in the ivory coast. and new year's celebration turned tragic early this morning when thousands tried to leave a fireworks show. more than 60 people were killed in the stampede. hundreds of others were injured. police say that most of the victims were children. a witness told reporters security forces showed up...
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Dec 29, 2012
12/12
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CNNW
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if lawmakers fail to avert the fiscal cliff or come up with a compromise, the u.s. economy is likely to contract by who knows how much next year. unemployment could rise to 9% in 2014. according to standard & poor's, the rating agency. they said on friday that it's unlikely that the fiscal cliff gridlock will spark an additional downgrade of the country's credit rating. remember back in august of 2011 s&p downgraded the u.s. credit rating from aaa for the first time to aa plus, citing an ineffective and unpredictable governance. great that spooe is unlikely to downgrade the debt, but the consequences for going over the fiscal cliff could be far more severe than a credit downgrade. we could easily fall into another recession, and we know what that can do to your investment portfolio. jim awad, a longtime manager. sean egan knows a thing or two about credit ratings, the founder of an independent rating agency not paid by the corporate issuers that it rates. sean, your firm was quick to downgrade the u.s. credit rating last year. if we go over the cliff or lawmakers re
if lawmakers fail to avert the fiscal cliff or come up with a compromise, the u.s. economy is likely to contract by who knows how much next year. unemployment could rise to 9% in 2014. according to standard & poor's, the rating agency. they said on friday that it's unlikely that the fiscal cliff gridlock will spark an additional downgrade of the country's credit rating. remember back in august of 2011 s&p downgraded the u.s. credit rating from aaa for the first time to aa plus, citing...
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Dec 30, 2012
12/12
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 30, 2012
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 29, 2012
12/12
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MSNBCW
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we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't g
we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our...
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Dec 27, 2012
12/12
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FBC
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who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked. young people are picking up the bill, but they he voted for it. we're looking at the biggest winners and losers in the s&p 500. let's start with three of the biggest losers and show you how much they've lost and where they are right now. start with best buy, down a little right now. down 50% so far this calendar year and chip maker advanced microdevices, it, too, is down 1 this morning, down 55% so far this year. online education company apollo group down 62% for the year, down again as of this morning. time to give you a couple of winners. start with bank of america, more than doubled this year, up 107%, it's up again right now, 10 cents higher. whirlpool up 110% this year up 41 cents. sprint nextel. up 137% this year, it, too, is up again this year and then pulte homes up 182% and yes, it is up again as of right now. the big losers all down, the big winners all up this thur
who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked. young people are picking up the bill, but they he voted for it. we're looking at the biggest winners and losers in the s&p 500. let's start with three of the biggest losers and show you how much they've lost and where they are right now. start with best buy, down a little right now. down 50% so far this calendar year and chip maker...
WHUT (Howard University Television)
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Dec 28, 2012
12/12
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WHUT
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. >> while the so-called fiscal cliff has dominated the news headlines, the senate is also preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocates, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachment against george w. bush, voted against the patriot act, and advocated for ending the war on drugs. dennis kucinich ran for president in 2004 and 2008, down to create a permanent peace. he is former mayor of cleveland, ohio. congressmember, welcome back to "democracy now!" >> thank you. >> your term would be over except you have been called back on sunday, right, to do with the fiscal cliff? >> i have been in washington waiting to see if congress would be called back into session, as it should be. there
. >> while the so-called fiscal cliff has dominated the news headlines, the senate is also preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocates, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997,...
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by thoughts on the fiscal cliff are, why don't we just let the bush tax cuts expired? host: on that point, where would you draw the line in terms of the middle class americans? the president said $250,000, but that threshold could now be $450,000. caller: i came from a pretty upper in the family. but i do not consider -- $60,000, $70,000 -- that is pushing at. $90,000? no, no. that is not middle-class. you are making more than triple what some of your average americans make in the year. host: ok. republican line. caller: thank you. i just want to respond to tom harkin's comments. the housing market is largely responsible for the mess we're in right now. they voted not to pay taxes on $100,000 worth of gains every two years and extended mortgages to people who never in the history of our country could have afforded a home, under the idea that everybody should be able to have a shot at the american dream. i really -- i am just upset. they hold out until the last day when they had all year to deal with these issues. now the passion and the i read attitudes of people are c
by thoughts on the fiscal cliff are, why don't we just let the bush tax cuts expired? host: on that point, where would you draw the line in terms of the middle class americans? the president said $250,000, but that threshold could now be $450,000. caller: i came from a pretty upper in the family. but i do not consider -- $60,000, $70,000 -- that is pushing at. $90,000? no, no. that is not middle-class. you are making more than triple what some of your average americans make in the year. host:...
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the house returns sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the full supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez i need." >> they joined -- an unusual move they are working together as opposed to saying separately i am in new
the house returns sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest:...
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cliff hits and taxes go up and they get blamed. it is an odd way i to negotiate. to get one republican view on what will come next. earlier this evening, i had the privilege of speaking with tom coburn of oklahoma. >> thank you for being with us tonight. >> glad to be here ezra. >> the deal is dead, we are down to a small deal, a mini deal or going over the cliff straight, what is your reaction to this? >> i'm not sure it's true. just talking to my colleagues in the senate, i think the middle ground is well known by everyone and i think you could get something that is viewed by the rating agencies and the american public as a pretty good solution. so i think it's possible, i don't know that it will happen. it's unfortunate that we are waiting until this late in the hour to try to accomplish something. >> so then, what do you see as the middle ground, i know you are a member of the gang of 8. >> when you talk to colleagues what do they see as what can be salvaged here? >> let me answer the first part of that. none of us wanted to je
cliff hits and taxes go up and they get blamed. it is an odd way i to negotiate. to get one republican view on what will come next. earlier this evening, i had the privilege of speaking with tom coburn of oklahoma. >> thank you for being with us tonight. >> glad to be here ezra. >> the deal is dead, we are down to a small deal, a mini deal or going over the cliff straight, what is your reaction to this? >> i'm not sure it's true. just talking to my colleagues in the...
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. >> next, kent conrad talks about fiscal cliff negotiations and proposals for a long term deficit reduction. he will be retiring this year after serving in the u.s. senate since 1987. this is about an hour. >> good morning. good to see you all. another day of fiscal cliff or fiscal curve, whatever one wants to term it. what we do know is the law is about to change, all the tax cuts from the bush era are about to expire. across the board spending cuts, some $1.2 trillion over the next ten years. so these are significant changes in law about to occur absent action by the congress and by the president. first of all, thank you, bob for that kind introduction. thanks for being so persist nt. i'm glad to have the chance now to come. in reflecting for my fair well address in the senate, i thought back to what motivated me to run for the united states senate. about 48 years ago i came to washington as a 16-year-old, sat in the gallery and watched a debate occur on civil rights. and i thought at the time some day i'd like to do that. i'd like to represent my state and i'd like to debate the great is
. >> next, kent conrad talks about fiscal cliff negotiations and proposals for a long term deficit reduction. he will be retiring this year after serving in the u.s. senate since 1987. this is about an hour. >> good morning. good to see you all. another day of fiscal cliff or fiscal curve, whatever one wants to term it. what we do know is the law is about to change, all the tax cuts from the bush era are about to expire. across the board spending cuts, some $1.2 trillion over the...
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cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come next year, early this evening, shortly after the president's press conference, i had the privilege to speaking to republican senator tom coburn of oklahoma. senator, thank you so much for being here tonight. >> glad to be with you, ezra. >> it so seems to me the news of the day is the big deal is dead, completely dead, and we are down to either a small down, a mini deal, or going after the cliff straight. what is your reaction to this? >> i don't -- you know, i'm not sure that's true. just talking to my colleagues in the senate, i think the middle ground is pretty well known by everybody, and i think you could still get something that would be viewed by the ratings agencies as well as the american public as a pretty good solution. so i think it's possible. i don't know that that will happen. it's unfortunate that we're waiting until this late in the hour to try to accomplish something. >> so, then, what do you
cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come next year, early this evening, shortly after the president's press conference, i had the privilege to speaking to republican senator tom coburn of oklahoma. senator, thank you so much for being here tonight. >> glad to be with you, ezra. >> it so seems to me the news of the day is the big deal is dead, completely dead, and we are down to either a small down, a mini deal, or...
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both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that when i see you next. live in washington. >> oil prices started edging up arch the president announced he would return from vacation early so he could work on fiscal cliff negotiations. crude oil sells for almost $91 a barrel up nearly two dollars a barrel. it's expected to increase as hope rises that a budget deal can be reached before the deadline and that could keep the economy growing while no agreement may put the united states back into recession. >> several stat
both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be...
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"fiscal cliff." >> gone. >> we're tired of that. >> spoiler alert. trending. that's going to be around for a while. super food. and boneless wings. >> how did that sneak in? >> kim kardashian's next bill role mom. >> she is going to have a baby with her boyfriend kanye west. he announced it yesterday. they have been dating for 8 months. members of her family are tweeting the news. however, kardashian is still married to nba player kris humphries of the nets although she filed for divorce a year ago. >> probably going to be a beautiful baby and good singer. >>> 5:55. in the next half hour, united passengers shaken up. the scare in the sky that forced an emergency landing. >> and the cliff clock is teck ticking. taxes set to go up for millions of americans, the last minute effort to strike a deal in washington. >>> we're live in san francisco's excelsior district where arson investigators will be looking into a fire they call suspicious. we'll tell you the major challenge that crews had to face in battling the flames. ,, ,,,,,,,,,,,,,,,,,,,, >> your realtime cap
"fiscal cliff." >> gone. >> we're tired of that. >> spoiler alert. trending. that's going to be around for a while. super food. and boneless wings. >> how did that sneak in? >> kim kardashian's next bill role mom. >> she is going to have a baby with her boyfriend kanye west. he announced it yesterday. they have been dating for 8 months. members of her family are tweeting the news. however, kardashian is still married to nba player kris humphries of...
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. >> tomorrow on washington journal, we will talk about the latest on the fiscal cliff with a columnist. that is followed by a look at president obama's cabinet for his second term. our guest is reporter david jackson. and then a look at what is next for iraq. we are joined by author michael gordon. live at 7:00 eastern on c- span. >> i started to get word in the summer and fall of 1774. the british out of roles and diplomats were reporting to the crown the colonists are sending ships everye
. >> tomorrow on washington journal, we will talk about the latest on the fiscal cliff with a columnist. that is followed by a look at president obama's cabinet for his second term. our guest is reporter david jackson. and then a look at what is next for iraq. we are joined by author michael gordon. live at 7:00 eastern on c- span. >> i started to get word in the summer and fall of 1774. the british out of roles and diplomats were reporting to the crown the colonists are sending...
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. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved $480 bucks. you know what that is? yeah. don't say it. so you know what it is, right? yeah, yeah, don't. that's a lot of dough! ♪ [ male announcer ] switch and you could save $480 bucks with state farm. when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. >>> millions of americans countin
. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved $480...
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caller: what happens next as we go over the fiscal cliff, social security and everything is going to be cut. they are going to raise and put more people on welfare, food stamps because the country is not going to have jobs come back, no way. the taxes are too high. there try to tax the people too much. they keep saying the rich paying their fair share, the bridge for the only people who pay taxes. the sec, they pay state taxes and this tax, they sure do. but they get a refund of their income tax credits to pay the taxes. they do not pay any taxes. host: here is a tweet from thomas hnderson. matt coleman writes-- if you look at the money section of "usa today," you will find a piece that says -- we have baytown, texas with a democratic caller. what is your level of optimism these days? caller: imc in that -- it makes me doubt about going over the cliff. i was wondering why the congress does not want to work with the president to pass this thing? host: what are your thoughts? caller: i believe they're going to make a deal. i have been watching the news and everything like that, and i d
caller: what happens next as we go over the fiscal cliff, social security and everything is going to be cut. they are going to raise and put more people on welfare, food stamps because the country is not going to have jobs come back, no way. the taxes are too high. there try to tax the people too much. they keep saying the rich paying their fair share, the bridge for the only people who pay taxes. the sec, they pay state taxes and this tax, they sure do. but they get a refund of their income...
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can it about get passed in time to avoid the fiscal cliff? >> i'm not optimistic that it can get through the house. if there's a deal of 75, 80 senators voting for it, which is what mcconnell and biden are trying to construct here, it's not a deal that would just get over 60 votes but something bigger than that, the house would have to put it on the floor and it probably passes and probably gets over the finish line. you know, that's where i'm not sure we get a deal. is the political will there among house republicans? i know what mitch mcconnell believes is in the best interest of the republican party. i don't know if john boehner and mitch mcconnell are in sync on believing that the tax issue should completely be taken off the table. if there's no deal today, they'll cut taxes in three days when there's a new congress. >> focusing back on the senate, how important is vice president biden? >> the only person with any sort of warm relationship with mitch mcconnell is joe biden. the president doesn't have one. harry reid and mitch mcconnell do
can it about get passed in time to avoid the fiscal cliff? >> i'm not optimistic that it can get through the house. if there's a deal of 75, 80 senators voting for it, which is what mcconnell and biden are trying to construct here, it's not a deal that would just get over 60 votes but something bigger than that, the house would have to put it on the floor and it probably passes and probably gets over the finish line. you know, that's where i'm not sure we get a deal. is the political will...
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driven down by fears of falling off the so-called fiscal cliff. the consumer confidence index fell to 65.1 this month. dow from 71.5 in november. >> this the lowest level since august and the outlook for the next six months as dropped to its lowest level in 2011. >> a man faces fraud and bribery charges in vermont after driving onto the lawn of a home once owned by the co-founder of alcoholics anonymous. >> vermont state police a 55 year-old got a blood the third body was driving into a parking lot. >> the historic home was built in 1950--1852 and still holds several a eight meetings every week. blood has been ordered to appear in court next month. >> force magazine has released its list of best actress for the bulk. >> the top actors provided studios with the highest average return for their fields. >> actress and natalie portman top the list providing more than $42 for every dollar's yards. >> twilight star kristin stored came in close second. >> bring in more than $40. stewart co-stars also made a top-10. >> and robert patterson came in for the
driven down by fears of falling off the so-called fiscal cliff. the consumer confidence index fell to 65.1 this month. dow from 71.5 in november. >> this the lowest level since august and the outlook for the next six months as dropped to its lowest level in 2011. >> a man faces fraud and bribery charges in vermont after driving onto the lawn of a home once owned by the co-founder of alcoholics anonymous. >> vermont state police a 55 year-old got a blood the third body was...
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coming up next we will take you to a roundtable discussion on the issues revolving around a fiscal cliff from this morning's "washington journal." host: we are welcoming joshua gordon and stan colander. thank you for coming back. as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could not take the lead. it is important to state that while the official deadline is december 31. they can continue to work until the new congress on january 3. we have more like three days for them to get something together. host: are we going over the cliff? what does it mean if we do? guest: in some sense, we're going over the cliff even if they reach a deal. when you look at the deal they have been talking about, there will still be a lot left for future decision making. even if they are able to extend tax cuts for the middle class and do not do much of anything else, you still have the haphazard dealmaking no
coming up next we will take you to a roundtable discussion on the issues revolving around a fiscal cliff from this morning's "washington journal." host: we are welcoming joshua gordon and stan colander. thank you for coming back. as we stand on the edge of the fiscal cliff right now, any chance that we do not go over? guest: that is pretty small. we are relying on the senate to avoid this -- to avoid a filibuster. then we are relying on the house who for the last several weeks could...
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the fiscal cliff will cost those making 75 and 100 grand more than $3500. and while those making between 200 and 500,000 will be paying about $14,000 more. if you make more than $500,000, a year, get ready to pay roughly an extra $35,000. if you make over one million, your tax increase will be near $216,000. gregg: lots of numbers, lots of digits there. wow!. wow! so how much progress is being made to avoid all of what you just saw? we'll ask california congressman buck mckeown when he joins us live a bit later on in the hour. heather: and as i mentioned at the t the show, thousands of first-responders they're gathering in webster, new york, right now to pay tribute to tomascz kaczowka. sorry, tomascz kaczowka. funeral services are just getting underway. the 19-year-old volunteer firefighter shot and killed while responding to a christmas eve fire that turned out to be an ambush. police say that gunman william spengler set the fire and then shot and killed him along with his fellow firefighter and mentor mike kiapirini. thousands gathered to say good-bye to
the fiscal cliff will cost those making 75 and 100 grand more than $3500. and while those making between 200 and 500,000 will be paying about $14,000 more. if you make more than $500,000, a year, get ready to pay roughly an extra $35,000. if you make over one million, your tax increase will be near $216,000. gregg: lots of numbers, lots of digits there. wow!. wow! so how much progress is being made to avoid all of what you just saw? we'll ask california congressman buck mckeown when he joins us...
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obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink just over three and a half%. average earners 4% and top earners 6%. >> another sign the housing market is improving, the national association of realtors says pending home sales rose last month to the highest level in 2 and a half years. pending sales rose nearly 2% in november and that's the third month in a row it's gone up. >> amazon had a green christmas season. they announced the 2012 holiday sales were the biggest ever. they had several reco
obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on...
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also dragging down sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when sales actually shrank. >> consumers need to have more confidence. right now it's more of an uncertain way for the first half of 2013 so i think everyone has thought going into the year. >> for businesses, the holiday shopping season officially ends december 31st, and retailers are hoping to salvage some profits by offering deep discounts until then. the president of the national retail federation is still optimistic. he estimates holiday sales growth will be about 3.5% to 4% this year. rebecca and jeff? >> thanks elaine. it's interesting, macy's and target report next week so we're going to hear from t
also dragging down sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when...
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we will talk about the latest on the so-called fiscal cliff. we continue with david jackson, a white house reporter. we will talk about president obama's cabinet for his second term. we will wrap up the program with michael gordon talking about what is next for iraq. thank you for watching this edition of the "washington journal." we'll see you again tomorrow morning at 7:00 eastern time. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> today on c-span, the impact of student loan debt on students and parents, followed by a look at space exploration and innovation. later, a discussion on nasa's budget and mission. >> my first conservative was a friend of a friend -- i never met a conservative in my life. i was impressed by him, because he answered questions, he was very composed. he was not rancorous. he tried to gauge his responses to the level of my request. over the course -- and not understand of anything this guy is saying, but he is so damn polite. maybe there's something i
we will talk about the latest on the so-called fiscal cliff. we continue with david jackson, a white house reporter. we will talk about president obama's cabinet for his second term. we will wrap up the program with michael gordon talking about what is next for iraq. thank you for watching this edition of the "washington journal." we'll see you again tomorrow morning at 7:00 eastern time. [captions copyright national cable satellite corp. 2012] [captioning performed by national...
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. >> dave: what going over the fiscal cliff means for military familis and why they will be hit hard. veteran of the iraq and stan tan explaining next. >> clayton: kim kardashian and kanye west and a baby. they are pregnant. it wasn't posed to happen? hum. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number stor
. >> dave: what going over the fiscal cliff means for military familis and why they will be hit hard. veteran of the iraq and stan tan explaining next. >> clayton: kim kardashian and kanye west and a baby. they are pregnant. it wasn't posed to happen? hum. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex,...
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the fiscal cliff. we'll not sort of have this march madness of budget fights coming up. it is going to pale -- what happened here over new year's will seem small, petty and acquaint compared to what happens in march. it will be ugly. >> that doesn't sound good. >> happy new year! >> happy new year. chuck todd in washington for us. thanks so much. >>> secretary hillary clinton remains hospitalized for a treatment of a blood clot in her head. nbc's chief science correspondent robert bazell is at columbia university hospital. >> reporter: good morning, andrea. she has a blood clot just below her ear on a blood vessel that drains blood from the brain but critically, it's not in the brain itself, which makes a difference in the prognosis. it's still a dangerous situation. you can see where the red dot there is on the diagram. it's being dissolved with blood thinners and over a period of days and all indications are that she will make a complete recovery. this is a dangerous situation, but she's going to be fine. andrea? >> good news. happy new year to you as well. thank you,
the fiscal cliff. we'll not sort of have this march madness of budget fights coming up. it is going to pale -- what happened here over new year's will seem small, petty and acquaint compared to what happens in march. it will be ugly. >> that doesn't sound good. >> happy new year! >> happy new year. chuck todd in washington for us. thanks so much. >>> secretary hillary clinton remains hospitalized for a treatment of a blood clot in her head. nbc's chief science...
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the house returns sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the fall supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez rights that leaders from the hurricane- battered region and urged the house to act. he says states need an infus
the house returns sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest:...
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Jan 1, 2013
01/13
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CNNW
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. >> reporter: the fiscal cliff was incentive to try to deal with deficit reduction. this is dismantling the consequence of dealing with the bigger issue. the bigger issue is still going to be with us in the next couple months because now as the debt ceiling is set to hit, this will all come into play. republicans aren't going to budge on increasing the debt ceiling until they get some of the things they want on deficit reduction. they want tax reform. so do democrats want tax reform but they have different ideas about how to do it it. it's kicking the can down the road. there will be a lot more ahead on this. >> brianna keilar breaking it down for us at the white house. thanks for that. >>> eight senators voted against this compromised measure, but the opposition didn't fall along party lines. tom harkin, tom krarner and michael bennett all voted now. so did these five republicans. let's put the politics to the side for a minute and ask the question most of us are wondering. what does this measure mean for you and your wallet? ali velshi is crunch iing the numbers. >
. >> reporter: the fiscal cliff was incentive to try to deal with deficit reduction. this is dismantling the consequence of dealing with the bigger issue. the bigger issue is still going to be with us in the next couple months because now as the debt ceiling is set to hit, this will all come into play. republicans aren't going to budge on increasing the debt ceiling until they get some of the things they want on deficit reduction. they want tax reform. so do democrats want tax reform but...
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Dec 27, 2012
12/12
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FOXNEWSW
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she's up next. >>> it is raising new concerns lawmakers might not reach any kind of a fiscal cliff deal before we go over it in the new year jon: fox news weather alert for you now. winter storm warnings in effect all over the northeast. its the same storm that brought blizzard conditions and tornados to other parts of the country. blamed for at least 12 deaths so far. it is causing major problems for anyone trying to travel in that part of the country. maria molina is in the fox extreme weather center with the latest for us. >> jon, that's right. the storm system is causing all kinds of travel headaches along the roadways in upstate new york and across new england. we actually have another storm system, if you can believe it or not, right on the heels of this storm and impacting portions of the are northern plains, introducing areas of light snow and not forecast to intensify what this storm was producing tornados and all kinds of blizzard conditions. nonetheless, when you have a storm roll through last thing you want to hear you will get another system. this should impact portions of
she's up next. >>> it is raising new concerns lawmakers might not reach any kind of a fiscal cliff deal before we go over it in the new year jon: fox news weather alert for you now. winter storm warnings in effect all over the northeast. its the same storm that brought blizzard conditions and tornados to other parts of the country. blamed for at least 12 deaths so far. it is causing major problems for anyone trying to travel in that part of the country. maria molina is in the fox...
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Dec 29, 2012
12/12
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WBAL
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. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department of agriculture could take weeks to put a new program in place. >>> the start of the new year means you'll have to start thinking about filing 2012 taxes. even though there are just a few days left in the year, it's not too late to ensure you get a bigger return. >> the clock is ticking down on 2012 but you still got time to make your tack return a little bigger. >> charitable deductions you still have time to increase your charitable deductions. either through cash cribbings or noncash contributions through orringmizations like the goodwill, salvation army, things like that. >> those donations are tax deductible, increasing your chance for a return. you
. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department of agriculture could take weeks to put a new...
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Dec 31, 2012
12/12
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KRON
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also washington is back into business today working at trying to avoid the fiscal cliff. the deadline is midnight tonight and we will have the latest on negotiations coming up. also transportation around the bay area for this new year's eve. also more on the san francisco 49ers within the nfc west for the second year in a row. we will have more on the big game as the kron4 morning news returns in just two minutes. (male announcer) live from the bay area here is your kron 4 news >> thanks for joining us with the top clock is ticking on the so-called fiscal cliff and last-minute talks are currently under way. bart and muni are helping the year's eve party years get around today. will tran as more info for you. >> it is cold right now and temperatures are going to drop once again while everyone is celebrating year's eve. but a good thing it is dry but by 8:00 p.m. we will see a wide range of 40's. bringing in the new year and welcoming the 2013 we are talking mid 30's and land. it will be chilly so dress in layers. we'll have mostly sunny skies aclear skiess perfect for the
also washington is back into business today working at trying to avoid the fiscal cliff. the deadline is midnight tonight and we will have the latest on negotiations coming up. also transportation around the bay area for this new year's eve. also more on the san francisco 49ers within the nfc west for the second year in a row. we will have more on the big game as the kron4 morning news returns in just two minutes. (male announcer) live from the bay area here is your kron 4 news >> thanks...